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  • Disappointing earnings revive speculation on Twitter's future

    Jack Dorsey, CEO of Square and CEO of Twitter, speaks during an interview with CNBC following the IPO for Square Inc., on the floor of the New York Stock ExchangeBy Yasmeen Abutaleb SAN FRANCISCO (Reuters) - Twitter Inc disappointed investors yet again on Tuesday with second-quarter earnings that missed estimates and a lower-than-expected outlook, reviving chatter about a possible sale of the company and the future of Chief Executive Officer Jack Dorsey. With the stock falling almost 15 percent Wednesday, Twitter shares are down 50 percent since Dorsey returned last summer to the helm of the social media company he co-founded. At a market cap of about $11 billon, compared with more than $40 billion at its peak, Twitter could now be a more attractive takeover target.


  • Facebook trounces Wall Street estimates with sharp ad sales growth

    Photo illustration of 3D-printed models of people in front of a Facebook logoFacebook Inc provided more evidence on Wednesday that it can turn eyeballs into profit as the maker of the world's most popular app and social website trounced Wall Street's estimates, sending its shares to an all-time high. The leading social media company's mobile app and push into video attracted new advertisers and encouraged existing ones to spend more. "Facebook has shown that you can be a giant and you can be innovative," said analyst Patrick Moorhead of Moor Insights & Strategy.


  • As iPhone sales stagnate, services promise growth for Apple

    Workers prepare for the opening of an Apple store in HangzhouThough Apple Inc is selling enough iPhones to keep investors happy for now, the world's most valuable publicly traded company is set increasingly to rely on its apps and services to drive growth. Apple's services business alone - which includes the App Store, Apple Pay and iCloud - will be "the size of a Fortune 100 company next year," Chief Executive Tim Cook said on a post-earnings call on Tuesday. Revenue from the business rose 19 percent to about $6 billion for the third quarter, eclipsing sales of iPads and Mac computers for the second consecutive quarter to rank as Apple's second-largest unit after iPhones.



  • Order the book Financial Markets For The Rest Of Us from these fine stores:
    Financial Markets Book

    Financial Markets For The Rest Of Us
    An Easy Guide To Money, Bonds, Futures, Stocks, Options, And Mutual Funds

    ISBN: 0595202756 / Publisher: iUniverse / Date: Nov 2001 / Page Count: 418

    "Financial Markets For The Rest Of Us" is a reference and tutorial covering various financial markets in the USA and the rest of the world. The book comprises six major chapters covering the concepts of money, bonds, futures, stocks, options, and mutual funds. It cleverly illustrates the operation and interdependencies of these various markets, while keeping the language simple for everyone to follow. If you have ever wondered about how the financial markets operate, or you have ever felt overwhelmed by the complexities of the financial markets, this book is for you.


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